UK towns and cities get £5 million funding boost to help bring disused historic buildings back to life Dec 12, 2023 12 UK towns and cities are to benefit from a new £5 million fund empowering communities to breathe new life into their disused and at-risk historic buildings. Stretching from Aberdeenshire to Cornwall, the money will help social enterprises and charities in some of the country’s most deprived places take over dilapidated high street and town […] Posted by: Mya Driver Read more
Long Harbour to launch new PBSA Joint Venture Dec 12, 2023 Long Harbour, the specialist development and operational real estate firm, will expand its living sector focus into PBSA through a joint venture with Rosethorn Capital Partners. The strategy will be led by Rosethorn CEO Stephen Rigby, who brings more than ten years’ experience in PBSA. Stephen was a founder, and Chief Investment Officer at Student […] Posted by: Mya Driver Read more
Elivia Homes Obtains £100m Revolving Credit Facility from Octopus Real Estate for Expansion Nov 17, 2023 Elivia Homes, a prominent homebuilding company, has successfully secured a £100m revolving credit facility (RCF) from Octopus Real Estate. This substantial financial arrangement is set to provide a robust platform for Elivia Homes’ ambitious growth plans, with a target to increase its homebuilding capacity from 300 to 1,000 homes annually. The new RCF complements the […] Posted by: Mya Driver Read more
AlphaReal and Just Group invest in over 100 health and childcare facilities assisting approximately 1,800 people Nov 14, 2023 AlphaReal, the specialist secure income manager, has deployed £350 million of long income real estate backed investments over nine months on behalf of Just Group with a significant social infrastructure focus. The portfolio includes over 100 healthcare facilities that provide specialist care for patients with high acuity caring needs and childcare centres providing important support […] Posted by: Mya Driver Read more
ELM Group Acquires 1,368 Retirement Units to Expand UK Property Portfolio Nov 6, 2023 ELM Group, the property management firm headquartered in Frimley, has broadened its holdings within the UK retirement sector by acquiring 1,368 units from Orbit, a housing provider. The purchase increases ELM Group’s portfolio in the South of England to a total of 4,638 properties. The portfolio addition consists of 1,178 retirement leasehold apartments, 168 houses […] Posted by: Mya Driver Read more
CBRE Acquires Sovereign Centros, a leading UK Asset Management and Development Management Business Nov 3, 2023 CBRE today announced the acquisition of one of the UK’s leading asset management and development management business, Sovereign Centros. This acquisition will enhance CBRE’s asset management and development management capability, particularly within retail, expanding the company’s client relationships and growing its expertise across sectors. Sovereign Centros focuses on shopping centres and retail parks, leisure and […] Posted by: Mya Driver Read more
TAB Gains £300m Financial Backing from NatWest in a Strategic Securitisation Deal Oct 24, 2023 In a recent move to strengthen its position in the real estate finance and investment sector, TAB has successfully secured a securitisation facility valued at £300m from banking giant, NatWest. This deal is set to amplify TAB’s offerings, specifically in bridging and mortgage products. Assisting in this venture, Atalaya Capital Management has stepped in to […] Posted by: Mya Driver Read more
SEGRO Reports Robust Rent Roll Growth and Strategic Disposals in 2023 Trading Update Oct 18, 2023 SEGRO plc, a prominent player in the industrial property sector, has released its trading update for the period spanning from 1 January 2023 to 17 October 2023. The update paints a picture of a company on an upward trajectory, with significant rent roll growth and strategic disposals. Key Highlights: – SEGRO is poised for a […] Posted by: Mya Driver Read more
Legal & General, Bruntwood & GMP Fund invest half a billion into UK’s science, tech & innovation economy Oct 16, 2023 Bruntwood SciTech, the UK’s leading specialist property provider, founded by Legal & General and Bruntwood in 2018 to support the growth of the life science and tech sectors, has secured £500 million of additional investment and welcomed the UK’s largest local authority pension fund, Greater Manchester Pension Fund (GMPF), to the partnership. GMPF is the […] Posted by: Mya Driver Read more
HC-One Expands Portfolio with Acquisition of 36 Ideal Carehomes Oct 13, 2023 HC-One has officially announced its acquisition of 36 Ideal Carehomes from Warwick Capital Partners and LNT Group. This strategic takeover not only expands HC-One’s presence in England but also promises the opening of an additional care home in Cheltenham come September 2024. HC-One, in its official statement, lauded Ideal Carehomes for its unwavering commitment to […] Posted by: Mya Driver Read more
